Diane wrote:
If this non-profit proposal would increase competition for private insurers, it might work. A lot of the expenses of private insurance companies come from huge salaries for executives, advertising, and lobbyists.
This is part of the process. Obama is not a dictator. He is looking at all alternatives and they working out the details to try to make health care affordable for all consumers.
Princess Mononoke wrote:
If the shareholders and the board of directors APPROVE the executives salaries that's on them! If a corporation cannot manage their expenses that's on them!
When a corporation fails or if a corporation fails meaning goes bankrupt due to mis-management then they should be ALLOWED to FAIL NOT be BAILED OUT by our government with our taxpayer dollars. Therefore, we should not give a crap what they pay their employees. We should NOT give a crap how a corporation SPENDS their capital. To each its own and survival of the fittest. These corporations took excessive RISK using other peoples money and should be held responsible for their FAILURES! Our government is NOW GUILTY of doing the same!
That is precisely WHY OUR GOVERNMENT NEEDS TO TAKE THEIR HANDS OFF and STOP bailing out EPIC FAILURES! Our government wouldn't give a damn if you or I had a failed business that was on the verge of bankruptcy. Think about that for a moment!
As for the health insurance cos. our government needs to remove the restrictions placed on them and OPEN UP THE HEALTHCARE MARKET across state lines! That would create competition amongst the healtcare providers and DRIVE DOWN THE COST/PREMIUMS for us all....
Diane wrote:
The government is not bailing out the insurance companies. The insurance companies need to show a profit to their shareholders, and they need to show it was more profitable than the year before. So every year the deductables go higher and higher, and what's covered goes lower and lower.
Opening up the healthcare market across state lines might be a good idea. I'd have to research this further.
Princess Mononoke wrote:
Then it is the SHAREHOLDERS RESPONSIBILITY to get RID OF the executives who are mis-managing their revenues! The SHAREHOLDERS are the OWNERS of the company and NOT the government!
Have you even looked into if these healthcare corporations are paying the shareholders a DIVIDEND? Has the SHAREHOLDERS EQUITY gone up over the years?
If COMPETITION is opened up across STATE LINES then you and I can leave an insurance co. if they are NOT providing the quality healthcare coverage that you and I need. We would have the power as consumers to make or break a corporation PERIOD! We will have the ability to go to another insurance co who charges reasonable premiums and better service and coverage! That other insurance co will eventually go out of business! That is the POWER OF THE FREE MARKET...
Brother wrote:
I agree about opening up the markets - Why don't we open up the market internationally ? I'd like to buy the Canadian Health Care plan. I'd like to pay the costs of meds that Canadians pay. Wouldn't that be great?
Princess Mononoke wrote:
Exactly now you are thinking! Why is it that I can buy life insurance from a foreign Insurance co. but not health insurance?
Our government is ALREADY pulling the strings and has been helping the insurance cos. remain MONOPOLIZING their regions! Our government has the power to changed remove these restrictions!!!! Why do they choose NOT TO?
If let's say our government passes a bill that opens up the healthcare market to operate across state lines, then this will allow the FREE MARKET to take affect. What I mean by that is if the insurance cos do precisely what you are stating, then the individual buyer of said insurance coverage WOULD INDEED TAKE their business elsewhere.
If your health insurance is screwing you and not providing adequate coverage or not fulfilling their contractual obligation to you then you have the RIGHT to take your business elsewhere and tell the health insurance co. to SHOVE IT...
Once the insurance cos begin losing an excessive amount of business or on the brink of bankruptcy, they can either re-think their business practices or close for good due to lack of business revenue!!! That's how the free market gets rid of the bad apples. The power would be in our hands if our government would simply OPEN UP the markets across state lines!
The U.S. Pharmaceutical cos. are also making out BIG TIME with Obamacare. Our government is supporting their MONOPOLY controlling the sales of their drugs and NOT allowing foreign drug cos to enter the U.S. market!!! That is precisely why the U.S. Pharma's control the PRICE of our medication. Our government has allowed the U.S. Pharma's to SET THE PRICE!
If this non-profit proposal would increase competition for private insurers, it might work. A lot of the expenses of private insurance companies come from huge salaries for executives, advertising, and lobbyists.
This is part of the process. Obama is not a dictator. He is looking at all alternatives and they working out the details to try to make health care affordable for all consumers.
Princess Mononoke wrote:
If the shareholders and the board of directors APPROVE the executives salaries that's on them! If a corporation cannot manage their expenses that's on them!
When a corporation fails or if a corporation fails meaning goes bankrupt due to mis-management then they should be ALLOWED to FAIL NOT be BAILED OUT by our government with our taxpayer dollars. Therefore, we should not give a crap what they pay their employees. We should NOT give a crap how a corporation SPENDS their capital. To each its own and survival of the fittest. These corporations took excessive RISK using other peoples money and should be held responsible for their FAILURES! Our government is NOW GUILTY of doing the same!
That is precisely WHY OUR GOVERNMENT NEEDS TO TAKE THEIR HANDS OFF and STOP bailing out EPIC FAILURES! Our government wouldn't give a damn if you or I had a failed business that was on the verge of bankruptcy. Think about that for a moment!
As for the health insurance cos. our government needs to remove the restrictions placed on them and OPEN UP THE HEALTHCARE MARKET across state lines! That would create competition amongst the healtcare providers and DRIVE DOWN THE COST/PREMIUMS for us all....
Diane wrote:
The government is not bailing out the insurance companies. The insurance companies need to show a profit to their shareholders, and they need to show it was more profitable than the year before. So every year the deductables go higher and higher, and what's covered goes lower and lower.
Opening up the healthcare market across state lines might be a good idea. I'd have to research this further.
Princess Mononoke wrote:
Then it is the SHAREHOLDERS RESPONSIBILITY to get RID OF the executives who are mis-managing their revenues! The SHAREHOLDERS are the OWNERS of the company and NOT the government!
Have you even looked into if these healthcare corporations are paying the shareholders a DIVIDEND? Has the SHAREHOLDERS EQUITY gone up over the years?
If COMPETITION is opened up across STATE LINES then you and I can leave an insurance co. if they are NOT providing the quality healthcare coverage that you and I need. We would have the power as consumers to make or break a corporation PERIOD! We will have the ability to go to another insurance co who charges reasonable premiums and better service and coverage! That other insurance co will eventually go out of business! That is the POWER OF THE FREE MARKET...
Brother wrote:
I agree about opening up the markets - Why don't we open up the market internationally ? I'd like to buy the Canadian Health Care plan. I'd like to pay the costs of meds that Canadians pay. Wouldn't that be great?
Princess Mononoke wrote:
Exactly now you are thinking! Why is it that I can buy life insurance from a foreign Insurance co. but not health insurance?
Our government is ALREADY pulling the strings and has been helping the insurance cos. remain MONOPOLIZING their regions! Our government has the power to changed remove these restrictions!!!! Why do they choose NOT TO?
If let's say our government passes a bill that opens up the healthcare market to operate across state lines, then this will allow the FREE MARKET to take affect. What I mean by that is if the insurance cos do precisely what you are stating, then the individual buyer of said insurance coverage WOULD INDEED TAKE their business elsewhere.
If your health insurance is screwing you and not providing adequate coverage or not fulfilling their contractual obligation to you then you have the RIGHT to take your business elsewhere and tell the health insurance co. to SHOVE IT...
Once the insurance cos begin losing an excessive amount of business or on the brink of bankruptcy, they can either re-think their business practices or close for good due to lack of business revenue!!! That's how the free market gets rid of the bad apples. The power would be in our hands if our government would simply OPEN UP the markets across state lines!
The U.S. Pharmaceutical cos. are also making out BIG TIME with Obamacare. Our government is supporting their MONOPOLY controlling the sales of their drugs and NOT allowing foreign drug cos to enter the U.S. market!!! That is precisely why the U.S. Pharma's control the PRICE of our medication. Our government has allowed the U.S. Pharma's to SET THE PRICE!
1 comment:
Opening up buying insurance across state lines is what fed the greed of the credit card companies. Teh credit card companies all moved to the state(s) with the least regulation(RI) and the consumer got the shaft from corporate america again, until people with a soul passed credit card reform this summer.
Same applies to insurance companies and why conservatives are wrong on this issue, unless you favor federal(above state) regulation. Which, I'm sure you don't. Amazing how we want to repeat such recent history of failure.
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